Innovate (VATE) Intangibles (2010 - 2025)
Innovate (VATE) posted quarterly Intangibles of $165.2 million for Q4 2025, down 4.18% year-over-year from $172.4 million in Q4 2024, and down 1.08% on a QoQ basis from $167.0 million in Q3 2025.
Innovate (VATE) Intangibles (2010 - 2025) Analysis & Trends
Innovate (VATE) has reported Intangibles for 16 consecutive years, with $165.2 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Intangibles fell 4.18% year-over-year to $165.2 million; the TTM figure through Dec 2025 stood at $165.2 million (down 4.18% YoY), while the FY2025 annual figure was $165.2 million, down 4.18% from the prior year.
- Intangibles came in at $165.2 million for Q4 2025 at Innovate, down from $167.0 million in the prior quarter.
- The five-year high for Intangibles was $222.0 million in Q2 2021, with the low at $165.2 million in Q4 2025.
- Average Intangibles over 5 years is $184.8 million, with a median of $179.8 million recorded in 2023.
- Across the five-year window, Intangibles retreated 24.08% in 2021 and climbed 22.2% in 2022, its largest moves.
- Year by year, Intangibles stood at $208.4 million in 2021, then decreased by 8.78% to $190.1 million in 2022, then declined by 5.89% to $178.9 million in 2023, then retreated by 3.63% to $172.4 million in 2024, then declined by 4.18% to $165.2 million in 2025.
- According to Business Quant data, Intangibles over the past three periods registered $165.2 million, $167.0 million, and $168.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn | 409.23 Mn |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn | 2.72 Bn |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 761.20 Mn |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | 548.01 Mn |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 1.62 Bn |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | 640.01 Mn |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 58.45 Mn |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | 177.84 Mn |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | - |
| 10 | Innovate | 219.28 Mn | 121.08 Mn | 58.90 Mn | 165.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 165.20 Mn |
| Sep 30, 2025 | 167.00 Mn |
| Jun 30, 2025 | 168.60 Mn |
| Mar 31, 2025 | 170.40 Mn |
| Dec 31, 2024 | 172.40 Mn |
| Sep 30, 2024 | 173.40 Mn |
| Jun 30, 2024 | 175.10 Mn |
| Mar 31, 2024 | 177.10 Mn |
| Dec 31, 2023 | 178.90 Mn |
| Sep 30, 2023 | 180.80 Mn |
| Jun 30, 2023 | 182.60 Mn |
| Mar 31, 2023 | 186.10 Mn |
| Dec 31, 2022 | 190.10 Mn |
| Sep 30, 2022 | 194.30 Mn |
| Jun 30, 2022 | 198.40 Mn |
| Mar 31, 2022 | 204.20 Mn |
| Dec 31, 2021 | 208.40 Mn |
| Sep 30, 2021 | 213.10 Mn |
| Jun 30, 2021 | 222.00 Mn |
| Mar 31, 2021 | 167.10 Mn |